11.49 ETH Disappearance Exposed: Peapods Finance is Staging a Crypto Version of 'Gone Girl'!
The security alarm in the crypto sphere has sounded again! When 11.494 ETH vanished like a ghost from Peapods Finance, what we witnessed was not just the flow of numbers, but yet another exposure of the fragile defenses in the DeFi world."
Recently, this suspicious transaction incident essentially revealed the Achilles' heel of decentralized finance — the dual attack of code vulnerabilities and human operational risks. As an analyst who has experienced three major DeFi incidents, I must point out: when the 'immutability' feature of smart contracts meets the permission vulnerabilities of project parties, it is akin to installing wooden control rods in a nuclear reactor.
Taking the 2021 Cream Finance hacking incident as an example, the attacker exploited the reserved admin privileges of the project party to manipulate the price pool through flash loans, ultimately absconding with $130 million. In the Peapods incident, the transfer path of the 11.494 ETH shows that the funds ultimately flowed to a certain mixer address — which is precisely the typical method used by professional hackers to launder stolen funds.
There are three key doubts here:
The transaction did not trigger the routine alarm mechanism of the smart contract
The flow of funds exhibited obvious 'splitting-mixing' characteristics
The project party has yet to release a technical analysis report
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